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Digest
Earnings
By Times Wires
Published October 30, 2007
Winn-Dixie Stores Inc. The Jacksonville grocery chain's stock rebounded by 19 percent to close at $22.17 a share, up $3.55, after the company's first-quarter profit margin performance far exceeded analyst forecasts. Sales in stores open more than a year inched up a meager 0.2 percent, the number of transactions were down and the company lost $790,000, or 1 cent a share, in the quarter ended Sept. 19. But analysts had been expected a loss of 23 cents a share. 1st Qtr Yr Ago Revenue $1.6-bil $1.6-bil Net Income -$790,000 -$25-mil Per Share 54 cents 46 cents RadioShack Corp. The consumer electronics retailer said it swung to a third-quarter profit, overcoming lower revenue by cutting costs and selling more high-margin items. The company also said it expects that its fourth-quarter results will be better than a year ago. 3rd Qtr Yr Ago Revenue $960.3 mil $1.06-bil Net Income $46.3-mil -$16.3-mil Per Share 34 cents -12 cents Verizon Communications Inc. The nation's second largest telecommunications company reported third-quarter earnings fell by a third from a year ago due to tax charges. 3rd Qtr Yr Ago Revenue $23.8-bil $22.5-bil Net Income $1.27-bil $1.92-bil Per Share 44 cents 66 cents Kellogg Co. The world's leading cereal producer reported its third-quarter earnings rose 9 percent, due in part to stronger international sales, and raised its guidance for the full year. 3rd Qtr Yr Ago Revenue $3-bil $2.8-bil Net Income $305-mil $281-mil Per Share 76 cents 70 cents Northwest Airlines The airline, reporting results for its first full quarter since exiting bankruptcy, posted a $244-million profit after a year-earlier loss as it boosted fares and spent less on fuel. 3rd Qtr Yr Ago Revenue $3.38-bil $3.41-bil Net Income $244-mil -$1.18-bil Per Share 93 cents -$13.50
[Last modified October 30, 2007, 00:11:48]
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